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How many Americans use Bianance exchange in usa
As of early 2023, Binance.US, the U.S.-compliant arm of the global Binance exchange, had approximately 670,000 active users. However, this number has fluctuated due to regulatory challenges and market conditions. By August 2023, Binance.US reported about 2.5 million monthly visitors, with the majority—over 92%—coming from the United States .
Despite these figures, Binance's overall presence in the U.S. is limited. The platform is not available in several states, including New York, Texas, and California, due to regulatory restrictions . Additionally, Binance has faced legal scrutiny from U.S. regulators, including the Department of Justice and the Securities and Exchange Commission, over allegations of money laundering and securities violations .
In summary, while Binance.US has a significant user base within the United States, its overall reach is constrained by regulatory challenges and state-specific restrictions.
